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20121101
20121130
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CNBC 12
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Search Results 0 to 11 of about 12
CNBC
Oct 31, 2012 11:00pm EDT
the opportunity for a boost since the government rebuilt southern florida after hurricane andrew in 1992. a reconstruction so huge, it moved the country's entire gdp needle just when we needed it, after right a nasty recession. and now that we've assessed the damage, or we're trying to at least, i'll have to tell you one thing. i think this looks like a possible replay of that hugely bullish. right after a nastier recession. you couldn't tell that today to. ford with terrific numbers because they're connecting with the building materials industry. those stocks performed best today with the ones that took matters into their own hands. we spoke to queen harbors after it bought safety queen. to diversify away from the oil and gas business. queen harbors may have been up huge anyway, simply because, well, it's queens harbors. precisely what sandy ordered. buyers love the acquisition. $8.91. 18% gain for the good guys. tonight we're going to speak with two other companies that want to make you money. just in the last couple days. we'll hear from eaton. it will soon close on its acquisition of
CNBC
Nov 6, 2012 4:00am EST
later in the program. >> ohio, colorado, florida, those are the three, i think. >> i bet a lot of global investors are googling the u.s. state map this morning. >>> there is a plan known as the fiscal cliff and automatically triggered $600 billion of tax hikes and spending cuts which would send the u.s. into a recession. >> in this animation, eamon javers has explained the fiscal cliff and gives a couple scenarios for avoiding it. >> the u.s. is barreling towards the fiscal cliff, that's when come on on 2013, mandatory budget cuts and tax increases kick into reduce the deficit by $560 billion. the map drawn by congress leads to automatic cuts next year of $27 billion each in defense and nondefense spending and another $12 billion in cuts to medicare. but here's what lowers the deficit most. higher taxes. all the bush tax cuts go away and a 2% payroll tax comes back. all this coming at once would put the economy in a recession. congress and the president could still take an off-ramp and avoid the cliff, but that would mean tough compromises to raise taxes or lower spending. the other alte
CNBC
Nov 5, 2012 6:00am EST
margins in florida, virginia, colorado and ohio. >> governor romney has been having a tough time here in ohio because everybody knows he was against saving the auto industry. you don't scare people just to scare up some votes. >> i can't wait for us to get started. he's hoping we'll settle. americans don't settle. we build, we aspire, we dream, we listen to that voice that says we can do better. >> john harwood will join us with more. and then we'll focus on pot ticks with jack welch. romney campaign adviser senator rob portman and roger altman. so obviously a full lineup to get through all of this. andrew and joe, back over to you. >> let's check on the markets this morning. futures are indicated lower. as i've been pointing out for a while, there is a labor day indicator that jim stack and others have pointed to. and 25 out of 28 times, if the dow jones industrial average was below where it was the friday before labor day, the incumbent loses. and that number 13, 091 and the dow closed at 13,093. so two points above. >> do you think it was sandy? >> i don't know what it was. turned
CNBC
Nov 6, 2012 6:00am EST
projected off to the northeast of minneapolis. we'll take you a little bit further south, of course florida one of our swing states. and getting messier by the minute across sections of north florida and you can clearly see that that rainfall will make impacts for many of you across sections of the southeast including georgia and into the carolinas. some showery weather also for those of you in the northwest. in terms of tracking the storm system, the nor'easter that we've been talking about, this has clearly been on everyone's mind and we know how important it is to folks who want to get the latest details. once that storm system which is bringing the rain that we just showed you across the southeast begins to lift upward, we are anticipating those impacts to begin wednesday into thursday. and then thursday into thursday night, we will see some wet and wintry weather continuing, but the latest model runs are trending the system a little bit further offshore. back to you. >> thanks, danielle. it is now a sprint to the white house this morning. investors are waiting for a level of uncertaint
CNBC
Nov 15, 2012 6:00am EST
the fiscal cliff. we have two guest hosts, george p. bush, son of former florida governor jeb bush, founding partner of st. augustine partners and jared bernstein, former chief economist to vice president biden, also a cnbc contributor and welcome to both of you. great to have you both here today. >> thank you. >> good to be here. >> we've been talking seriously about trying to tackle the fiscal cliff, it's a looming problem. you've seen the market's activity over the last week or so, and first of all i have to ask each of you, do you think we'll go over the fiscal cliff? george we haven't gotten to talk to you for a while. >> i have a bullish sentiment, i look at the rhetoric from speaker boehner late last week and the president's remarks indicate there's wiggle room in terms of a trade that can be made between meaningful entitlement reform and revenue generation. the crux of the issue will lie in terms of where the revenue will be generated, whether it will be in tax increases but this is the first part of the negotiati negotiation, as in any business deal there is posturing but i feel a d
CNBC
Nov 7, 2012 5:00am EST
to "squawk box" this morning, the race in the battleground state of florida lived up to its billing. that presidential contest is still too close to call. but mary thompson is there. and maybe she's not going to call it for us, but can give us more information on where we are. mary? >> reporter: no, i'm not going to call it, andrew. might not be until this afternoon or possibly 9 to 12 days from now before we know the outcome of the florida vote here. the vote count was called off late last night. miami-dade, which is one of the most populous counties here in florida said it would continue the vote count today. hanging in the balance, 29 electoral votes. but, again, at this point may make little difference. this is where we stand as far as the vote count goes with president obama showing a slight lead over governor romney according to the florida division of elections. now, even if the final results are submitted today, if there is a margin of victory of less than .5%, here in florida, that triggers an automatic vote recount. that has to be completed either after nine days after the
CNBC
Nov 5, 2012 12:00pm EST
bavmt look at florida. even bigger. of course the election that deadlocked the 2000 campaign. 49-47 obama. and the state of ohio which most see as the hinge state for the election. 18 electoral votes. president obama up 51-45 among likely voters. we don't know the composition of turnout. white versus african-american and hispanic turnout. these key. and the proportion of senior citizens versus young voters. obama's base but they have not shown a tremendous amount of interest. >> pennsylvania had become a swing state. do you believe it? >> i don't believe so. mitt romney doesn't have as many options as president obama does. he's making a late play to move the numbers. >> are we going to have an answer on wednesday or is this going to drag out? >> i think we'll have an answer. i have been saying by midnight. some of my colleagues say it may take longer to call some states. i think if you look at the consistency of the way battleground states tend to fall it is not likely we'll in b in a multi day process. >> you have a question for john? >> i do. january of 1970 and january of 1987
CNBC
Nov 28, 2012 4:00am EST
lustig claims you can improve your chances. he says he's won millions in the florida lottery and has even written a book. his tips, buy as many tickets as you can afford and pick your own numbers. don't let the machine do it. >> it's all about what numbers, how do i pick the best numbers, what's the secret to picking the numbers. there is no secret. >> the odds may be long, but people keep hoping they'll be that one in 175 million. >> it's always a dream. always a dream. >> the key question, of course, is whether you're going to play. one of our viewers has tweeted in to say that playing the power ball is a tax on the mathematically challenged. i'm in. another disagrees. he says a dollar in apple stock eventually becomes $2 versus zero in power ball. not sure if it's conventional wisdom that a dollar in apple doubles. maybe that's a bit of a warning sign for the shares. but in any case what are you going to do with your dollar? are you going to put it in the powerball? put it in the stock market? e-mail us, you can tweet us. >>> and stick around, because coming up, the world's top auto ma
CNBC
Nov 2, 2012 6:00am EDT
whether on the gulf coast, florida and unfortunately in the metropolitan area in new york. the supply siders are doing everything they know how to do. so you broaden utility crews from across the country, trying to get electricity restored, the oil companies are doing everything they can do within the limits of safety, and regulation to get supply out to the public. we also have to do something different on the demand management side. what's happening is that the demand side is descending into chaos and you see it in the gas lines. this could get to gunfire if it continues in the way it's going now. my recommendation is for the governors of new jersey, new york and connecticut, come together, go to an odd/even rationing plan, cut the demand in half every day by going to odd/even rationing. >> based on your driver's license or based on the -- >> based on the license plate. >> like we did back in the '70s. >> exactly. so you've cut the demand in half by definition of what numbers on your car license plate. take care of the service providers, taxi cabs, i will mow drivers, other service
CNBC
Nov 5, 2012 4:00am EST
read over the weekend, if romney doesn't win florida, it's almost impossible he can win the presidency almost by adding in any other combination of states. but there's likely to be gridlock in congress on again for another at least two years, possibly four years. if that's the case, either romney or obama will find their ability quite circumscribed. but there are key areas where either administration would follow fairly similar policies and they are related to expiration for oil and gas and production of oil and gas. it's forgotten now that a couple of months before the gulf of mexico disaster, the bp disaster in 2010, obama had opened up substantial areas off the atlantic coast of the u.s. more region ofs of the gulf of mexico and i think the west coast, as well, to exploration efforts. in other words, the obama administration was of the gulf and i think the west coast, as well, to exploration efforts. in other words, the obama administration was committed to increases production to help towards the long term goal of redur reducing energy import independence. that's a sentiment that r
CNBC
Nov 30, 2012 6:00am EST
. >> alabama and auburn and all those. >> florida. >> the pac-10 or the big ten? i don't know what i'm talking about. who is the competitor to the sec? >> there is no -- there hasn't been a competitor. >> what's the one that rut gger just join some had. >> the big ten. >> on so trying toitor competitor. >> and there are good teams out west. pac-10. oregon is good and ucla and usc. >> by the way, i have to apologize, i don't know if june is watching. she sat by us at the game. she gave me gloves, i'm really sorry, i walked out with them. i gave them to ray who said that he sees you all the time. >> ray rice? >> no, a different ray. i hope that he actually does see her because i gave him the gloves. but tweet me and i'll pay for the gloves. sorry. i feel so bad, i pronled i'd give the gloves back and i walked out with them. >> i guess we should move on. >> probably. >> earlier this week we told you about james gorman's memo to employees, encouraged them to make calls and letters to washington demanding a balanced compromise on the fiscal cliff. today's politico's morning money reports the bank's
CNBC
Nov 14, 2012 6:00am EST
into florida or maybe even new york was starting to move crude oil up to the refineries on the east coast. >> now, you were part of the rescue effort with sandy in terms of bringing some fuel into the region. >> no, we actually are in the emergency response business. we have a group that prepares and trains people for emergencies, supervises debris removal, assists state and local governments with recovering money from fema. >> i didn't realize that. and how then do you judge -- we're looking at this article this morning in terms of what was going on long island power, for example. what kind of grade to you give the utilities in this situation? >> hard for me to grade them, i think the public and their constituency is not giving them a good grade at the moment. >> did you train these people? >> we did not train those people. >> if you could -- if we could redo sandy, let's hope we don't ever have to do redo sandy. what were the things that should've happened in advance of the storm knowing it was coming. >> i think when you have storms of this nature, the key is not preparing the day befo
Search Results 0 to 11 of about 12